- Active
44 Arbutus Street
Lake Cowichan · Single Family
- Beds
- 3
- Baths
- 1
- Sqft
- 1,234
- Built
- 1948
Listed by RE/MAX Generation (LC) · MLS® 1036221
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Sign inAbout this home
Full of charm and potential, this inviting 3-bedroom, 1-bath home sits on a generous 0.17-acre lot in a sought-after location just a short walk to the high school and the river. A newer roof, replaced just one year ago, offers peace of mind, while the kitchen was updated a few years back and provides a functional layout ready for your personal touch. Original wood floors add warmth and character and will look beautifully refreshed with a simple refinish. Outside, the fully usable yard features a fenced garden bed to keep elk out, plenty of parking, a detached workshop, and an enclosed carport offering valuable extra storage. Whether you’re looking for your first home, a smart investment, or a property with room to make your own, this one offers space, practicality, and exciting upside in a great location.
Home facts
- Bedrooms
- 3
- Bathrooms
- 1 full
- Interior
- 1,234 sq ft
- Lot size
- 7,251 sq ft
- Year built
- 1948
- Parking
- 4
- Property type
- Single Family
- Fireplace
- 1
- Area
- Lake Cowichan
- Listed
- May 8, 2026
- Structure
- House
- PID
- 005-821-193
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dryer
- Heating
- Oil
- Cooling
- None
- Parking
- RV, Additional Parking
- Lot
- Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,512
- Property tax
- $158/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,820
Purchase snapshot
- List price
- $530,000
- Down payment
- $106,000 (20%)
- Estimated mortgage
- $424,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,428
- At 6.4670 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,180 a month
- Gross yield
- 2.7%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- High risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 63%
Who lives here
Documents
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